Day

January 5, 2010

Mind over Matter (and Weather)

January Mosquitoes If you’re going to live in Minnesota in January, it helps to have a positive attitude. Best line I heard today was from an “old-timer” — or the PC equivalent, “senior citizen-plus” — that I crossed paths with going into Home Depot (too early) this morning: ‘not too many mosquitoes out today,’ he...
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AIG: Liquidate it Already

Hoist by Our Own Petard (Bailout Money) Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. –Depression-era Treasury Secretary Andrew Mellon Andrew Mellon, President Herbert Hoover’s Treasury Secretary, would have known what to do about AIG: liquidate it. Doing so a year ago would have spared taxpayers the spectacle (obscenity, really) of bailed-out TARP...
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